MAS-Alere Merger Still On Despite Roche Suit: 7th Circ.

Law360, New York (May 24, 2011, 10:54 PM EDT) -- The Seventh Circuit on Tuesday rebuffed Roche Diagnostic System Corp.'s bid to stop its software provider, Medical Automation Systems Inc., from purchasing Roche rival Alere Inc. in a suit claiming Roche's software licensing agreement with MAS barred the transaction.

A district court had concluded Roche would suffer irreparable injury if Alere acquired MAS. It issued an injunction postponing the merger until either the end of 2012 or when an arbitrator ruled whether Roche has the right of first refusal with respect to MAS being sold, according...
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